GoGo Just Sold Its Commercial Wifi Business

0
17

Hopefully, you aren’t flying — if not simply to your personal well being, but additionally your psychological sanity, which is examined each time you utilize in-flight wifi.

Oddly, Gogo’s current sale of its wifi division to a bankrupt satellite tv for pc operator is perhaps excellent news to your in-flight connection.

On Tuesday the ever-present airline web supplier introduced that Intelstat has bought its industrial wifi enterprise for $400 million. Whereas Intelstat is perhaps the world’s second-largest satellite tv for pc operator, it’s additionally $15 billion in debt, in response to The Verge. And on condition that the airline trade’s been hit arduous by coronavirus, layoffs and decreased flight schedules, this appears to be a nasty deal throughout.

However Gogo, which has misplaced some huge cash and gone by way of its personal layoffs not too long ago (most likely as a result of shedding a whopping 91% of its per-day use this previous spring), has been engaged on bettering its service by way of satellite-based know-how and beginning up its personal 5G community.

Expertise web site The Hustle sees the sale as a potential positive for passengers. As reporter Michael Waters suggests: “GoGo’s purchaser, Intelsat, already has a ton of its personal satellites. In concept, it will probably use these to beat the speeds of [competitor] Viasat. And since GoGo is already so big, that would imply a brand new renaissance of free in-flight WiFi.”

For these of us who used horrible in-flight wifi connections as an excuse (“Sorry, can’t end that article … wifi up right here is sketchy”), I suppose we’ll have another excuse to dread flying.

Subscribe here for our free daily newsletter.